In 2006, he moved to Panerythraikos in the B' Ethniki and after a fantastic season, he and his teammates managed to gain promotion for the 2nd, and fully professional tier, A2.
In the first season with his new team, managed to achieve a high finish, but failed to promote.
In his second season (2010–11) with the Kallithea side, he managed to achieve a promotion once more, this time for the 4th tier, G' Ethniki.
During this period, Rallatos was always a strong reserve standing out of hundreds of athletes, but was never selected to be in the 12 men roster.
Rallatos is probably the only Greek basketball player to have played in all the 5 tiers of professional and amateur leagues.
He is also the only Greek to have played in the NFL Rallatos is the owner of 2 companies-Cosmos Grass enterprises and Terrain that offer professional sports' facilities services in Greece.
In addition to the work it undertakes and performs, it has a program that assists municipalities and communities in the maintenance and reconstruction of damaged stadiums in Greece by providing the knowledge and experience of companies to avoid injuries and accidents on old or observed stadiums.
The lack of well maintenanced sports facilities that are becoming more and more dangerous in Greece and especially in the less populated towns outside Athens, is something that he is trying to change by providing new quality equipment.